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Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors)

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Rainmaker
2,362,948
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

you ARE EXACTLY RIGHT and there should be some way of policing discussions about fees and shutting those down immediately!

May 02, 2015 10:41 PM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I am a Realtor not a lawyer or accountant.  

May 02, 2015 11:17 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

No one should be asking or answering questions about commission, it is against federal law. You only have to go over to Trulia to see agents after agent answering them though, i dont think they were ever trained properly.

May 02, 2015 10:50 PM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

NO COMMENT!

May 02, 2015 11:17 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for your answers. Lise you can probably  answer legal questions. Great suggestion to police the questions about fees.

May 02, 2015 10:56 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

"Call your attorney."

"Call your accountant."

"Anti-trust laws prevent me from answering."

" and anything containing 'Realtor code of ethics' make me cringe.

And I would use the techniques taught by the past chairmen Allen Greenspan to give the pretense of an answer.

May 02, 2015 10:40 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

I would hope tax and legal questions would be asked more for opinion, and see nothing wrong with asking.

May 02, 2015 10:10 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

there are issues that should not be discussed....period....

May 03, 2015 06:21 AM
Rainer
67,369
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I feel the same I do not answer legal or tax questions as I am not a professional in those areas.  I stick with what I know!  

May 03, 2015 05:57 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Agreed. Violation of the Sherman Antitrust Act to discuss fees and compensation rates.

Legal questions? Only your attorney or your State Board Legal Counsel should be answering legal questions. It is a matter of agency.

Tax questions? Your CPA, but don't ask the I.R.S.; you will get a different answer to the same question with each person you speak to there.

May 03, 2015 03:02 AM
Rainmaker
4,572,117
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Gita -- I avoid such questions.  

May 03, 2015 01:32 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Gita Bantwal Those are questions that can get you into serious trouble. Stay within your own area of (licensed) expertise.

May 02, 2015 11:27 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I agree.

Nov 10, 2018 05:40 AM
Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

That is a good practice.

Aug 03, 2018 11:13 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Lise nailed this one!

 

Oct 27, 2017 05:01 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I will answer real estate questions, but I won't talk about how much I make. If someone wants legal or tax advice I tell them to seek the advice of an attorney and tax professional. 

May 03, 2015 10:39 AM
Rainmaker
938,537
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Gita, I am just amazed that NAR hasn't received an exemption on the Sherman Act.  I find it interesting that doctors can freely limit competition and keep former doctors out of the area and that all the gas stations on the corner can have the same price, but real estate agents are a threat to free competition in The Republic.   Until things change though, MUM is the word!

May 03, 2015 08:40 AM